Mortgage Advice Bureau (MAB) has made a significant investment in UK Moneyman.
Originally set up in 2009, the Hull-based firm is led by Malcolm Davidson, one of the UK’s most experienced mortgage advisers with more than 30 years’ industry experience. During this time, the firm has grown significantly in both its size and profitability over this period.
As part of the investment, UK Moneyman will become an appointed representative of MAB. Given MAB's consistent track record of strong financial growth, technological investment, and market expansion, this step felt like a natural progression for Malcolm and his team
The investment also supports MAB's ongoing growth strategy, particularly in specialist areas such as later life lending. As MAB celebrates its 25th anniversary, the company continues to partner with high-quality firms to build on its market-leading position and help more customers achieve their financial goals.
Malcolm Davidson, Managing Director, UK Moneyman, said: "We’re delighted to be returning to MAB. It's clear the scale, support and technology MAB provides will accelerate our growth plans and help deliver even better outcomes for our customers. We’re excited about the future together, and are confident that this partnership will help us achieve our goal of being the go-to brokerage for over-50's mortgage advice."
Gareth Herbert, Distribution Director, Mortgage Advice Bureau, added: “We’re thrilled to welcome Malcolm and his team to MAB. I’ve known Malcolm for over 20 years, and I’m incredibly proud to have him and his team back in the fold. UK Moneyman has a fantastic history of growth, and their plans for the future are impressive. I look forward to working together to grow and enhance our proposition, particularly in other areas such as later life lending where UK Moneyman have really excelled. We are all excited about what the future holds for us.”
